Short Interest in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Decreases By 39.7%

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) saw a large decrease in short interest in March. As of March 31st, there was short interest totaling 23,478 shares, a decrease of 39.7% from the March 15th total of 38,950 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 110,072 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

Several institutional investors have recently made changes to their positions in SPYX. Optima Capital LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter valued at approximately $31,000. First Financial Corp IN acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter worth $32,000. Advisory Services Network LLC purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at $55,000. Palisade Asset Management LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at $55,000. Finally, Oak Harbor Wealth Partners LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter valued at $56,000.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Up 0.9%

SPYX stock traded up $0.51 during trading on Wednesday, reaching $57.33. 89,508 shares of the stock were exchanged, compared to its average volume of 149,455. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The business has a 50 day moving average price of $55.09 and a 200-day moving average price of $55.65. SPDR S&P Fossil Fuel Reserves Free ETF has a 1 year low of $41.72 and a 1 year high of $57.35.

SPDR S&P Fossil Fuel Reserves Free ETF Company Profile

The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.